The helium price saw a significant increase, increased by 22.38 % during the past day. This price movement comes amid the developments surrounding the helium network and the increasing interest in the digital currency.
The distinctive symbol was heading up in response to announcing that Helium and two other Solana metal currencies, $ Pengu and $ Popcat, will be included on Coinbase Perpetual starting from February 13, 2025. One of the main engines behind the recent price increase.
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Helium to the permanent Coinbase market is an important development. This list is expected to attract more attention from institutional traders and retail trade, which increases helium liquidity and exposure.
Another factor contributing to the high price of helium is the recent network improvements. One of the prominent updates is the accuracy of the hot payment problems of the Hillium. Payments, which are now properly ReleasedI have provided more stability and confidence within the helium community. This update is seen as a decisive milestone, as it addresses one of the long network challenges.
These changes indicate a positive transformation in the operational efficiency of the helium network, which in turn strengthened investor morale. Since the network ripens and solves technical problems, the market seems to look at the possibilities of the distinctive symbol more positively.
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Hillium prices and technical analysis
HNT price procedure shows a strong outbreak of a landline channel that restricts the movement of the distinctive code for some time. The distinctive symbol is traded about $ 4.14, after it has recently moved up, which excels over the previous resistance levels.
There is a major observation of the scheme is to read the neutral RSI from 57.08, indicating the momentum of the balanced market. This indicates that despite the high price, there is still room for more gains, especially if it continues to stick to the resistance level of $ 4.50.
On the downside, the HNT price has found strong support near $ 3.02, indicating that the recent price increase may enhance more stable trading scope.
The high prices of helium today A mixture of external market factors, network improvements, and positive technical indicators, creating a promising look of the distinctive symbol in the short term.
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